2026 – SB 1035 (Strickland, Tony) Motor vehicle fuel tax: greenhouse gas reduction programs: suspension (Dead)
Would have suspended the Low Carbon Fuel Standard, the application of the Cap-and-Invest program to transportation fuels, and the imposition of the tax on motor vehicle fuels for one year from the effective date of the bill. Would have required all savings from the suspensions to be passed on to an end consumer, with specified enforcement mechanisms. Would have required the Controller to transfer funding from the General Fund to the Greenhouse Gas Reduction Fund equivalent to the sale of allowances to the suppliers of transportation fuels in the 2024-2025 fiscal year. Would have also required the Controller to transfer funds from the General Fund to the Motor Vehicle Fuel Account in the Transportation Tax Fund equivalent to the loss in revenue from the suspension of the tax on motor vehicle fuels. Was not heard in Senate Environmental Quality Committee.